Shares of industrial and transportation companies ticked down after factory data.

Excluding the volatile transportation equipment category, durable-goods orders were up by a more modest 1.1% in April.

Shares of Unusual Machines surged after The Wall Street Journal reported that the Trump administration was in negotiations to fund multiple private-sector drone companies.

A federal regulator is pushing pause on its review of the blockbuster merger between Union Pacific and Norfolk Southern, imperiling the timetable of their $71.5 billion railroad deal.

Shares of 3M were lower in midday trading on Thursday after the Australian government sued the company for compensation over so-called forever chemicals, PFAS.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

05-28-26 1701ET